Asia Tech Wire (Jan 22) -- Japan's Mitsubishi Electric Corp. announced Monday that it agreed with AI startup Hacarus Corp. to expand their collaboration in the development of AI-based visual-inspection applications for manufacturing.

As part of the agreement, Mitsubishi Electric will take an equity stake in Hacarus. However, the electronics company did not disclose the price of this deal.

In December 2023, Mitsubishi Electric released MELSOFT VIXIO, an AI-based visual-inspection software equipped with the company's proprietary Maisart AI technology to automate visual-inspection processes for improved manufacturing quality.

Founded in 2014, in addition to AI development, Hacarus also specializes in integrating AI with various factory automation (FA) devices.